Due to the growth of Bitcoin, several U.S. cities have emerged as hotspots for bitcoin enthusiasts; these are the five best.
Bitcoin has taken the world by storm since its creation in 2009. In fact, about 46 million Americans own bitcoin. And as its popularity continues to grow, so does the desire for those adopting it to utilize it in their everyday lives.
As a result, several cities in the United States have emerged as hotspots for Bitcoin enthusiasts, entrepreneurs and investors. Take a look at five cities leading the way in Bitcoin adoption and innovation, and what makes them such attractive destinations for Bitcoiners.
Washington State has a long history with Bitcoin and blockchain technology. In 2018, Wenatchee, a small town three hours east of Seattle, became an epicenter of bitcoin mining in the United States. Since then, cities in Washington like Seattle have seen a dramatic increase in both people and businesses interested in utilizing digital currencies.
Seattleites can buy and sell their digital assets at any of the 202 bitcoin ATMs in the city. Speaking of buying and selling, the state of Washington doesn’t tax the purchase of bitcoin — a unique advantage for Bitcoin enthusiasts living in the state.
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The EU’s Markets in Crypto-Asset Rule (MiCA) regulation of the European Commission is one of the many attacks against bitcoin.
You can read more about this topic here.